Funding you earn now, next payment 08:00 UTC+0.0320%/8h= +35.0% APRnext payment +$3.20 per $10,000 · paid last 24h +0.024%
Price spread now: Variational Omni against GRVT−0.039%7-day average −0.014% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.039%, 7d avg −0.014%
=Together, before fees+0.021%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.024% cheaper against GRVT than usual: you would sell low and buy high (spread −0.039% now, against its 7-day average of −0.014%). If the spread goes back, that is −$2 on $10k: about 6 hours of funding at the current rate (+$10 a day). At the pace of the last 3 days (+0.029% in total) that is about 2.9 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.029% in total (about 3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT DRAM_USDT_Perp | 62.398 | 0.0099 | pay 0.0099% / 8h | 4h 47m | $37K | $165K | 10x |
| Short | Variational Omni DRAM | 62.374 | 0.0419 | get 0.0419% / 8h | 4h 47m | $2.4M | $717K | — |
GRVT DRAM_USDT_Perp
Variational Omni DRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GRVT. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $67.13
- Price spread: −0.039% → −0.014%
- −$2.42
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $55.71
- Costs to cover
- 0.090%
- Break-even
- 1.2 days
Slippage unknown: GRVT: live order book, 5 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GRVT live order book, 5 min ago | 2.40 bp | 6.9 bp −$7 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 3.09 bp | doesn't fit | 7.2 bp −$72 | doesn't fit | doesn't fit |
DRAM on 34 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx DRAM/USDC | 0.0000% | 1h | 62.392 | −0.010% | $442K | $501K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.360 | −0.061% | $939 | $2.7M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.340 | −0.093% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.360 | −0.061% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0011% | 4h | 62.357 | −0.066% | $151K | $298K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0027% | 1h | 62.353 | −0.073% | $1K | $32K | 5x | as long as short |
| Lighter DRAM | +0.0032% | 1h | 62.373 | −0.040% | $969K | $1.0M | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.360 | −0.061% | $51K | $79K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.360 | −0.061% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.333 | −0.104% | $267K | $1.3M | 10x | as long as short |
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Lighter DRAM
Arcus DRAM-USD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX DRAM-USD | +0.0050% | 1h | 62.343 | −0.088% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.300 | −0.157% | $1.1M | $2.2M | 10x | as long as short |
| QFEX DRAM-USD | +0.0052% | 1h | 62.380 | −0.029% | $1.0M | $78K | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0071% | 1h | 62.360 | −0.061% | $13K | $3K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0099% | 1h | 62.353 | −0.072% | $81.8M | $35.6M | 20x | as long as short |
| GRVT DRAM_USDT_Perplong | +0.0099% | 8h | 62.398 | long leg | $37K | $165K | 10x | |
| Pacifica DRAM | +0.0100% | 1h | 62.351 | −0.075% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.360 | −0.061% | $3.0M | $393K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.370 | −0.045% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.370 | −0.045% | $9K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0103% | 8h | 62.377 | −0.035% | — | — | 5x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.380 | −0.028% | $4K | — | 10x | as long as short |
| Bitget DRAMUSDT | +0.0109% | 8h | 62.380 | −0.029% | $26.3M | $13.2M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0152% | 8h | 62.380 | −0.029% | $5.5M | $4.4M | 50x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.330 | −0.109% | $535K | $75K | 20x | as long as short |
| Entropy io:DRAM | +0.0182% | 1h | 62.364 | −0.055% | $238K | $417K | 25x | as long as short |
| Bybit DRAMUSDT | +0.0213% | 8h | 62.413 | +0.024% | $9.7M | $9.9M | 100x | as long as short |
| Aster DRAMUSDT | +0.0329% | 8h | 62.392 | −0.010% | $201K | $35K | 20x | as long as short |
| Variational Omni DRAMshort | +0.0419% | 8h | 62.374 | −0.039% | $2.4M | $717K | — | |
| Binance DRAMUSDT | +0.0447% | 8h | 62.395 | −0.006% | $44.9M | $80.5M | 50x | as long as short |
| Extended DRAM-USD | +0.0448% | 1h | 62.372 | −0.041% | $75K | $636K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0450% | 8h | 62.380 | −0.029% | $9.2M | $5.4M | 100x | as long as short |
| Gate DRAM_USDT | +0.0607% | 8h | 62.410 | +0.019% | $8.2M | $3.5M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0628% | 8h | 62.400 | +0.003% | $303K | $26K | 20x | as long as short |
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
QFEX DRAM-USD
Deribit DRAM_USDC-PERPETUAL
tradeXYZ xyz:DRAM
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Paradex DRAM-USD-PERP
Aevo DRAM-PERP
Bitget DRAMUSDT
OKX DRAM-USDT-SWAP
Coinbase International DRAM-PERP-INTX
Entropy io:DRAM
Bybit DRAMUSDT
Aster DRAMUSDT
Binance DRAMUSDT
Extended DRAM-USD
MEXC DRAM_USDT
Gate DRAM_USDT
BloFin DRAM-USDT